The Saudi Central Bank (SAMA) has mandated that all financing companies operating within the Kingdom provide notification to the Central Bank at least five working days prior to undertaking any investment round.

The Saudi Central Bank (SAMA) has mandated that all financing companies operating within the Kingdom provide notification to the Central Bank at least five working days prior to…

Saudi Arabia orders financing and payment firms to notify SAMA five days before investment rounds, detailing purpose, value, investors and impact on ownership.